ESB Financial Corp Technical Analysis (NASDAQ:ESBF)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The ESB Financial Corp stock price data and volume are plotted in ESBF stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for ESB Financial Corp. The technical analysis form of ESB Financial Corp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
ESB Financial Corp Moving Average
Moving averages help predict the price direction of ESBF stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for ESB Financial Corp are mostly signals of long term trends and will help long term traders.
ESB Financial Corp Bollinger Bands
Bollinger bands comprise of a center line usually ESBF SMA, and two ESBF stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $17.77 is in the upper range of ESB Financial Corp bollinger bands.
ESB Financial Corp Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The ESB Financial Corp MACD indicator is above 0 indicating a bullish trend.
ESB Financial Corp Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 52.91 is the RSI value of ESBF stock.